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Quantum X Labs Appoints Yossi Cohen to Advisory Board

By Drooid · Sep 16, 2026, 3:27 PM UTC · How we work

Summary

Story summary

Quantum X Labs appointed former Mossad chief Yossi Cohen as president of its scientific advisory board.
Shares rose about 10%, valuing the company at roughly $100 million.
Cohen also serves as SoftBank strategic adviser since August 2026.
The advisory board includes Prof. Oren Kurland (Technion) and Prof. Oren Raz (Weizmann Institute).
Quantum X Labs aims to build a modular quantum computer with several thousand qubits by end-2027.

History

Historical Context

Founded in 1999 under CIA Director George Tenet, In-Q-Tel was created to channel venture capital into commercial technologies that serve U.S. intelligence. By 2006 it had invested roughly $150 million in more than 90 firms, including early stakes in Google, and later opened offices in London, Sydney, Singapore and Munich, illustrating how intelligence-linked funding can accelerate breakthroughs such as quantum computing.

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Story summary

Quantum X Labs appointed former Mossad chief Yossi Cohen as president of its scientific advisory board.
Shares rose about 10%, valuing the company at roughly $100 million.
Cohen also serves as SoftBank strategic adviser since August 2026.
The advisory board includes Prof. Oren Kurland (Technion) and Prof. Oren Raz (Weizmann Institute).
Quantum X Labs aims to build a modular quantum computer with several thousand qubits by end-2027.

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